McDermott International
MDR
MDR was delisted on the 17th of January, 2020.
208 hedge funds and large institutions have $81.2M invested in McDermott International in 2019 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 48 increasing their positions, 77 reducing their positions, and 72 closing their positions.
15% less funds holding
Funds holding: 244 → 208 (-36)
28% less call options, than puts
Call options by funds: $14.8M | Put options by funds: $20.5M
38% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 77
47% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 72
72% less capital invested
Capital invested by funds: $291M → $81.2M (-$210M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.75M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.69M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$3.1M |
| 4 |
Morgan Stanley
New York
|
+$2.8M |
| 5 |
VanEck Associates
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$17.3M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$8.98M |
| 3 |
Millennium Management
New York
|
-$4.77M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.67M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.55M |
MDR Hedge Fund Activity: Q4 2019 in Review
208 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in McDermott International (MDR) for Q4 2019, worth a combined $81.2M — down 72% from $291M a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of MDR and 38 opened new positions — a net loss of 34 holders — while 77 trimmed existing stakes and 48 added.
The largest buyer was Invesco, adding an estimated $3.75M. The largest seller was Luminus Management, exiting entirely with an estimated $17.3M sold.
- 208 institutional investors held McDermott International (MDR) as of Q4 2019, down from 244 in Q3 2019.
- Funds reported $81.2M of McDermott International stock for Q4 2019, down 72% quarter-over-quarter.
- 38 funds opened new McDermott International positions in Q4 2019 and 72 closed out, a net change of -34 holders.
- The largest McDermott International buyer in Q4 2019 was Invesco, an estimated $3.75M added.
- The largest McDermott International seller in Q4 2019 was Luminus Management, an estimated $17.3M sold.
Based on aggregated 13F filings for Q4 2019.